Tag: settlements
Verkada reaches settlement with FTC
September 3, 2024Ken Showers, Managing Editor
SAN MATEO, Calif. — Verkada has reached an agreement with the Federal Trade Commission (FTC) resolving an investigation into a data security incident in March 2021 and, separately, marketing practices from 2019-21.
“We do not agree with the FTC's allegations, but we have accepted the terms of this settlement so that we can move forward with our mission and focus on protecting people and places in a privacy-sensitive way,” the company said in an online statement.
Data...
Diebold takes/took $25 million hit
June 2, 2010Martha Entwistle
Maybe I haven't been paying enough attention, but it seems like news that Diebold is paying a $25 million settlement to the SEC, though this was apparently decided a year ago. No link, because it's password-protected, but here are the details:
NORTH CANTON, Ohio, June 2 /PRNewswire-FirstCall/ — Diebold, Incorporated (NYSE:DBD) , today announced that the Securities and Exchange Commission (SEC) has filed settlement materials finalizing the previously announced agreement in principle with the...